Category: Economy

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2
June 23, 2023 No Responses

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the first two IFRS...
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AfDB Approves $23.04m For Floating Dock Facility In Ghana
June 23, 2023 No Responses

AfDB Approves $23.04m For Floating Dock Facility In Ghana

The Board of Directors, African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western...
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Agribusiness: Ecobank Restates Commitment To Youth Empowerment  
June 22, 2023 No Responses

Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...
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FIRS Partners Market Traders Association On VAT Remittance From Informal Sector 
June 22, 2023 No Responses

FIRS Partners Market Traders Association On VAT Remittance From Informal Sector 

The Federal Inland Revenue Service (FIRS) has partnered Market Traders Association of Nigeria (MATAN) as part of measures to collect and remit Value Added Tax (VAT) to the FIRS from markets, especially in the informal sector.   The Association which ...
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Edo Partners FAO On $3m Forest Conservation, Biodiversity
June 22, 2023 No Responses

Edo Partners FAO On $3m Forest Conservation, Biodiversity

The Edo State Governor, Mr. Godwin Obaseki, has said the government is partnering with the United Nations Food and Agriculture Organization (FAO) and three other States in the Country on biodiversity and forest conservation. Obaseki, who said this while briefi...
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Obaseki Seeks More Investments As Benin Record 5,600 CNG Vehicles
June 21, 2023 No Responses

Obaseki Seeks More Investments As Benin Record 5,600 CNG Vehicles

The Edo State Governor, Mr. Godwin Obaseki, has called on investors to make investments in alternative sources of energy, such as natural gas in the wake of subsidy removal, which has led to a hike in transportation costs. The governor,...
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Tinubu Dissolves Board Of Parastatals, Agencies, Others
June 19, 2023 No Responses

Tinubu Dissolves Board Of Parastatals, Agencies, Others

President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the Public inter...
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ExxonMobil Appoints Shane Harris Chairman/MD
June 19, 2023 No Responses

ExxonMobil Appoints Shane Harris Chairman/MD

ExxonMobil has appointed Shane Harris as the new chairman and managing director of its affiliates – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria – in Nigeria. A statement is...
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Benin Port: Bidders Inspect Project Site
June 19, 2023 No Responses

Benin Port: Bidders Inspect Project Site

As part of measures by the Edo State Government to fast-track the development of the Benin Port, bidders for the project have visited and inspected the confluence of the Benin River and Osse River, to assess the site conditions and available...
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Stallion Group Reaffirms Hyundai Kona EV Leadership, Energy Costs, Environmental Impact
June 19, 2023 No Responses

Stallion Group Reaffirms Hyundai Kona EV Leadership, Energy Costs, Environmental Impact

Stallion Motors Nigeria has reaffirmed its leadership in the Nigerian automobile industry with the commendation of the company’s Hyundai Kona EV, Nigeria’s first locally produced electric vehicle by Vice President Kashim Shettima. Produced from its Lagos p...
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Edo Partners NCDMB On Benin Enterprise Park
June 18, 2023 No Responses

Edo Partners NCDMB On Benin Enterprise Park

The Edo State Government has pledged to realise the Benin Enterprise Park project, noting that on completion, the project will boost economic activities in the State and transform its fortunes. The Special Adviser to the Edo State Governor on Strategy,...
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APAPA PORT BERTHS LARGEST CONTAINER CARRIER IN ITS HISTORY
June 17, 2023 No Responses

APAPA PORT BERTHS LARGEST CONTAINER CARRIER IN ITS HISTORY

The Lagos Port Complex (LPC), Apapa,  on Friday,  16th June, 2023 made history by its berthing of a 300m LOA vessel. NPA described the development as unprecedented and “a testament to the unwavering commitment of the Mohammed Bello Koko-l...
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Shippers’ Council Unveils Online Portal For Port Users
June 17, 2023 No Responses

Shippers’ Council Unveils Online Portal For Port Users

The management of Nigerian Shippers’ Council (NSC) has launched an online portal for the registration of all categories of port users and operators.  According to NSC, the process is expected to provide database of service providers that are genuine as....
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Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives
June 17, 2023 No Responses

Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increase...
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